GME, AMC, CRASHING OUR STOCKS and ECONOMY

I have compiled some information about the current state of corruption in the stock market and manipulation from companies like ROBINHOOD who steal from the poor and give to the rich. If nothing else at least watch the last video.

Now some people may be thinking that they don't buy or sell stocks online or that their portfolio manager or 401k takes care of everything. That answer is no longer sufficient. That answer is the reason we had 2008 housing bubble, and the tech bubble, and the dollar bubble, and the everything bubble. We are at the end of that rope. Americans either learn where their money goes or they lose it all. There are people out there who care a whole lot more about getting your money than you do about keeping it... and poverty is ugly. Really ugly.



Elon Musk says that 0.01% of the population actually know what a short is. We ALL should know what and how that works. Ignorance is the easiest thing to use against people. Short selling means selling something you don't own. Yes it should be illegal.

Citadel Didn’t Just Bail Out a GameStop Short Seller; Citadel Also Had a Big Short Position in GameStop

https://files.brokercheck.finra.org/firm/firm_116797.pdf



So the question is what are you going to do with no money?

 

Physical PMs, land, preps, no debt, some
Crypto...

 

My thought has always been money is only good for trading for things of real value. And that has served me very well over the decades. Nothing annoys me more than spending money and having nothing to show for it. Probably why paying taxes annoys me so much, I spend a lot and get just short of nothing in return.

I will pass on the crypto myself , and couldn't agree more on the NO DEBT part. Way to many people are slaves to their Mortgage, Auto Loan, and credit cards. 30 years ago I had just finished paying off a loan that kept me awake at night worrying about making the payments. Told my self when I wrote that last check to pay it off.......... NEVER AGAIN!!!! IF I CAN'T PAY CASH FOR IT THEN I CAN'T AFFORD IT!!! I have never lost another nights sleep wondering how I am going to pay for something since then Can't complain about starting out life dirt floor poor on a reservation to where I have brought myself to today. Seen lot of people over the years try and copy my business and seen them all go down in flames because they financed everything and could not make the payments when the hard times hit... The hard times ain't so hard when own everything outright and don't have to figure out how to make payments on everything you only think you own. Miss a few payments and they will be coming to take their $30,000 kubota tractor away from you or the bank yer land or the repo man comes for that $50,000 truck. If I have a bad year or three I lose nothing, I just don't get any farther ahead in the game of life I should not say I have no debt because if you generate income or own land you have recurring debt every year that you pay or lose yer land and anything else the IRS can confiscate. Always have to make sure you either have enough set back or make enough to pay the Government Tax Enforcers off every year.

 

For years, my single biggest expense (house paid of) was local property taxes.

 

My income tax still beats the property tax out for the #1 Spot. When I decide to retire property taxes will take the lead. When taxes and Government fees take 47% of your income there is a major malfunction happening. When you get next to nothing in return for those taxes and fees it goes a bit farther than a major malfunction.

Gets even more annoying when you consider the % of the population excluding retired and legit disabled that pay no taxes and are supported by those that pay and those paid taxes their entire working lives.

 

After seeing the above information and then going to a few news stories you can see market manipulation in action. The price of Bitcoin being manipulated in real time for example. How are people paying $100k in Turkey for BTC but only $57k in America?

If you look at the chart from today 3/22 you will see that at 6am the bots sold a large amount of BTC and the price dropped. That didn't trigger a large sell off so they bought back the same amount at 9am and then resold again later. They keep doing this over and over with negative news stories until the price goes down. You will also notice the timing of these news stories to coincide with those trades.



Bitcoin Uptrend Slows, Stays at $58K, Battles Resistance Near All-Time High
A bitcoin winter ahead? Crypto expert predicts just that, but after digital asset hits $300,000 at end of 2021
Bitcoin Rally Stirs BofA Alarm on ‘Enormous’ Surge in Energy Use
https://bitcoinist.com/bitcoin-hits...00000-in-turkish-p2p-markets-as-lira-plummets

 

Yeah you can’t play in bitcoin or any of the other markets in general unless you are willing to lose it all. Also remember to keep taking profits off so you end up “playing” with the profits and have your initial investment back in your pocket. Be ready to bail out at a moments notice as well. My strategy in the casino is the same thing and for the same reason. You can get lucky but ultimately the game is rigged in favor of the house and they will get their money back.

 

Speaking of the game being rigged. There was a news story yesterday saying that the FEDGOV has been secretly working on its own form of 'crypto'. The LOL part is that people will actually think that it IS crypto when it is anything but. The whole reason people got out of the FRNs is because inflation is a tax on top of all the other taxes. BTC is hard money. We haven't seen hard money in a really really long time so people almost forgot what it looked like. The smart ones got in early under $1k because they could see what it was, not because they had a crystal ball or liked to gamble. They could understand hard money vs soft fiat. It used to be gold and silver and while some guess that it may go back to that, I don't see BTC going away unless we lose power world wide and even then its back the minute the power comes back on.

One thing is for sure, people are fed up with being suckers. We played by the rules. We paid our taxes, went to our jobs, got married and had 2.5 kids. We held up our part of the deal but what did the government do? They played a whole different game. They went socialist. THE social contract only applies to us, not to our dictators. You and I are MORE important than all of the kings, presidents, This is why I don't believe anyone will care about the new digital dollar. We are finally learning the lesson. BTW, that digital dollar will NOT be the world currency reserve. What happens to the US when that happens? That's right, super hyper inflation.

And what happens when those smart asses realize that the interest on BTC is much higher than any bank loan. (yes I know some have already figured this out) Why wouldn't they just borrow money from a bank and pay it off in under a year with the interest when the BTC doubles? Mine has already tripled. There is an online bank that allows you to store your money in BTC and pays 12% interest last time I checked with NO RISK when BTC goes down. You keep that 12% because the bank gets 100-200%. Its a win win win.

YouHodler.com | Keep Crypto. Use cash.

Boston Fed, MIT to release digital dollar prototypes as soon as July

 

If you think that Bitcoin is a gamble then you haven't been paying attention. It used to be like stocks (which ARE gambling) but not anymore. It is money. Visa and Mastercard have started to implement bitcoin into their cards. So have so many others including banks. I see the news stories daily about how new companies and people are switch their reserves to BTC. Warren buffet moved his gold reserves to BTC. Tesla made more money by storing their profits in BTC than they did with ALL of their auto sales. These are not dumb people. They know what is coming and its all coming right now.

*almost forgot, there is now a payroll company that allows you to pay your employees with bitcoin! That completes the financial loop.

 

This is war. The dollar v crypto. The dollar lost a long time ago but people are still using it. Why did it lose? Because it was designed to crash ab initio. Why are people still using it? The answer is simple: because it is easier. Luckily people are starting to realize that the easy way is NEVER the easy way. You can't retire and then work hard. You must work hard in order to retire when you are old. If you build a house you can live in it. The work is its own reward. You can not live in a house you didn't build or buy with your labor (usually) but that is exactly what is happening with inflation, fractional reserve fiat currency, socialism, and political corruption. It creates a vacuum that collapses in on itself.

The corrupt politicians who live in mansions all over the world, spend their days vacationing in places we will never see, writing laws that we obey but they don't, and who drink our life blood either physically or metaphorically, MUST have a tool such as taxes, fiat currency, social justice, interest rates, and the like to steal your money and yet make it completely justifiable. It is imperative that we DO NOT understand those laws. To quote them "plausible deniability" will allow you to get away with anything. Check out the book on tax laws. Who has read that? Nobody. Not even the people trying to enforce it! But who follows it? Everyone does in ignorance. So what do we get? People pay money and hope that somewhere along the way they did it right. Its madness.

Now you can see the threat that money which is not controlled by the government poses. This is why they are panicking. They do not control the bitcoin so they create stories about how it is tracked and scary blah blah blah. What else can they do? This is why the dollar isn't backed by gold and silver anymore. So they can control it (you). The irony is that people were paying taxes but it wasn't enough so they increased the taxes. Then it still wasn't enough so they added interest, inflation, fees, and fines. That still wasn't enough so they are making the dollar digital so we can't carry cash. Then they made all the companies that sell bitcoin require your tax info. Then they created Monero which is 100% untraceable crypto (so far). The tighter they grip the more people slip through the system. Shortly we will start over and your dollars will be gone. The only thing real about all of this is that the ones who keep fighting will live longer. Those that give up will get steam rolled. Even when you follow ALL of the rules there is no happy ending.

Who wins? Corrupt politicians. People could win if they fight back. I can't be a corrupt banker or hedge fund manager or politician because I am good guy so I chose the other side which also makes me their enemy. In war you can die no matter what side you are on and even the innocent non combatants get killed, usually more than the soldiers.

All of the proof in this thread is to show you that the dollar is crashing and that crypto is an alternative. some don't believe this which is fine. I just want to provide evidence so that you can join our side in the war. If you are on the other side then don't buy crypto. Truth be told they already are. Getting those on the side of the people to buy is a bit harder because they don't move unless they have to. People don't like change and in a world FILLED with change they are grasping at the past. Gold and silver works but its a bit more long term before you may see the returns you like due to the market manipulation. For example there was a company selling gold bonds that got fined for corruption. To pay those fines they created more gold bonds backed by nothing. System is broke by design.

 

I think the gamble with crypto like bitcoin is when the .gov types decide they don’t want to share the profits of the game anymore and try and ban it. When companies that I want to buy stuff from don’t accept bitcoin and the gov makes it illegal to own bad things will happen.

 

Its that fear that keeps me minimal in crypto and more in physical PM, land, durable goods, preps etc. they can go after farms (just look at the poor Kulaks) but the average American farm is much better defended.

 

I see Bitcoin as the same as Fiat currency since both are backed by nothing but promises. I don't like either of them. And, yes, I fear the collapse of the dollar will leave me with no other option but to eat my gun. Having said that, I have taken steps like Mysterymet and others to protect myself by eliminating all debt in my life (I owe nothing) and constantly work on making us more self sustainable (hope to go into Solar in a big way this Spring in preparation for the 'fall'...and I don't mean the season). I plan to make a big move to Gold coins in the near future, missed the last downturn when it went below $1700 (5-6 weeks ago) but won't miss it again as check every morning. I mean to put 25% of our worth or more into Gold. I got out of the market and plan to stay out. I do admit I have made a lot of money there but loss much also just like the Casino that it is. I do CDs now but that's about it...nothing else and as we move closer and closer to either Civil War or succession, I do less and less and this year, nothing at all. HR1 and HR 127 will probably be the cause and soon...

Having said all that..."They do not control the bitcoin...(enloopious)" this is real and only reason to have Bitcoin in my opinion.

 

I agree but I don't see how they can make it illegal when whole countries are buying and using it. Even Elon Musk has started accepting BTC as payment for his cars. I think Gov is getting left behind because they can't think of some evil plan to control it and THAT is the reason I like. I do however have some Monero as well gold and silver. Monero might take longer to catch on but that one isn't really being affected by the market manipulators. While all of the others go up and down it seems to be the only real privacy coin that is keeping steady value.

https://www.cnbc.com/2021/03/24/elon-musk-says-people-can-now-buy-a-tesla-with-bitcoin.html

 

I was on APMEX today looking at gold and silver coins... One can purchase these precious metals with Bitcoins. I think that says a lot...

 

Seems to me all they need to do is declare it illegal to use as "legal" tender, and legislate/dictate that something else (au? ag? or "dollars"?) be used in trade with the government. Now, I have no idea how that would work, but it did when PMs were replaced by paper. The transition would NOT be smooth necessarily, and other nations and corporations might be stuck in two or more economies, very much as we are now with cripto, pm, dollars and barrels of oil along with yuan and rubles.

 

They can declare BTC illegal but because they have no way to stop me from sending it to you, there's not much they can do to enforce it. There are tons of laws that people don't follow. If fact there or so many laws that most people break them every day without even knowing it.

I can see them doing to btc what they did with gold and silver. In fact, I think Robinhood is the first step in that scheme. And it is completely fair to call it a scheme because, if you look at the price of PM you can see that is has not changed even though inflation has started sky rocketing. Your bitcoin that is bought on RH is not bitcoin you can spend. It is treated as a stock and that is what they did to devalue gold/silver. They just print more paper saying gold/silver on it. There is nothing backing it up. It is fraud and nobody does a thing about it. If you have BTC in a corrupt machine like RH I would suggest getting it out as fast as possible and putting it into real BTC. RH may file bankruptcy and keep everything you had.

The craze with GME is not just because people like the stock. The people are pissed! GME is/was a good way to strike back at, not only creeps like robinhood, but at the stock market itself. The people buying GME are taking their stimulus checks and putting it into the stock doing whats called a short squeeze at first, and now a gamma squeeze. This is pretty much exactly the opposite of how they crashed the housing market in 2008/9 and they have said that this is revenge for that. This is how people are fighting back and they DO mean to crash the stock market, and the people have the power to do it. The problem is that most people feel dumb and don't use that power. It is not a scheme to make money. It is a plan to crash the system and THAT is why evil corporations like Robinhood, Citidel, citibank, and others have sold peoples GME stock with out their permission. Yes its illegal but have you seen the SEC or the courts do anything about it? No. They went after DFV and WSB, not RH and all the rest. The went after the victims and protected the hedge funds and banks at all costs. If they didn't do this then the shares would easily have surpassed $1000 per share on the day of the first spike and with 150% of the stocks shorted not even existing that would have created an insane vacuum and subsequent collapse. There is all kinds of market manipulation and corruption and it is pervasive and complete and happens every day and so long as the People lose money but not the machine it goes on.

 

True. But then, if it is declared illegal to use for trade with the government, that limits where and how I can "spend" it. BTC then becomes a barter tool that is entirely dependent on the parties involved in the deal. From where I sit right this minute, it looks like BTC is just another way of establishing a value that crosses commodity lines. (Just like a dollar should be doing.)

 

Lets watch Bill Gates talk about how HE should control the world via government with his own form of E-currency. Since when did he become the decider of our lives? The audacity of this is just astounding. You can also see the fear in his eyes if you look closely. He is afraid crypto will take his power away. If you can't control the money you can't control the people. He is not just invested in the dollar because people buy his crappy software with it, he is invested in the backing behind the dollar. He has say in what governmental puppets like Biden do with that currency because he wants to control the world and you can see this in everything he does.



Buckminster Fuller predicted BTC type commodities way back in the 70s. He stated a form of pure energy would be the currency of the future and described what could most closely be described as Crypto. There is no doubt that Crypto IS the new currency of the world with countries, businesses, banks, payroll companies, investors, people, and even credit cards trying to figure out how to use it for everything.

So here's a question for you, what happens to the price of gold and silver, if the stock market crashes and the paper versions of gold and silver all get called in? The price may very well balance out with Bitcoin and Etherium. So if GME and others crash the stock market, which is possible, then the paper versions of gold and silver would be meaningless. This could happen, literally, over night and with all of the craziness going on in the world right now does anyone think its impossible? It may take a year or two but all of us with actual physical gold and silver are likely to see pricing similar to BTC and ETH for those.

When the dollar experiences hyper-inflation, as it is designed to do, it will no longer be the world currency reserve. No country out there is going to use it to pay debts, and lets not forget that it was mandated by the oil industry to begin with. Its a petro-dollar. How will that be affected by electric cars and less oil usage? I guess the short story is that paper money, not just the dollar, but all of it may be gone forever in the next few years. This is a WORLD WIDE bubble because the dollar is world wide.